Winter Group Inc.

TRIP Transportation Insurance Program (Various AL, WC Captive Approaches)

This program operates as a “cell captive”. The experience of the motor carrier is determined by an actuary taking into account the MC’s severity losses and fixed costs. The frequency loss fund is set at a level to eliminates most frequency claims which is just trading dollars with an insurance company. If a MC’s experience exceeds his primary limit, which they self fund and goes into the excess layer that has been set up by the actuary, that loss is then shared with the excess layers of the other members of the captive until that is exhausted. The captive program manager AJGallagher has purchased for the captive a $10,000,000 excess layer to cover those losses. (SEE AJG’S EXPERIENCE RATED FORMULA FOR FURTHER EXPLANATION)

CAPTIVE "LITE" W/C PROGRAM

Administration

Paper: Zurich
Claims: Gallagher Bassett
Loss Control: Gallagher Bassett
Program Administrator: Artex Risk Solutions
Applications Process: Need ACORD apps and 5 years loss history valued within 90 days.

Structure

Accounts Size: Over $100,000 in premium
Commission: 5%
Premium Finance Available: Yes
Maximum: 1.05%
Profit Sharing: Up to 10% Calculated 36 months at the end of the contract period.
Pre Loss Control Required: Yes Cost of $2500 to client

Target Classes

Temp Staffing
Warehousing
Retail Wholesale
Hospitality
Trucking (local )
Manufacturing
Food Services

Artex - Who We Are

Overview of Captives

DOWNLOADS

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Complete the forms and fax to:
(858) 444-3261 or email pwinter@wintergroupinc.com

MARKETING

Phillip Winter

pwinter@wintergroupinc.com

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